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CLIG city of london investment group
Posted: 31 May 2017 12:01:47(UTC)

Joined: 01/09/2016(UTC)
Posts: 398

Thanks: 593 times
Was thanked: 587 time(s) in 241 post(s)
I have held this for a while for the divi, topped up when it dipped. Now roaring away, not really sure why - reasonably good results but not stellar and that was a while back. CEO has sold shares within the last few days so unlikely to be a take over. Not a core holding for me so not sure whether to sell or keep. Any ideas?
Andrew James
Posted: 31 May 2017 18:20:46(UTC)

Joined: 27/08/2013(UTC)
Posts: 40

Thanks: 11 times
Was thanked: 41 time(s) in 25 post(s)
I have been a holder for a few years. Very well managed company and most of the revenues go straight to the bottom line. It has benefitted from the devaluation of sterling as a lot of its revenues are in dollars. Excellent yield and I am considering adding, even with the recent rise in share price.Barry O has been completely transparent as to his plans to divest shares, which I think is commendable. They operate in difficult markets so are far from risk free, but I think that they are best in class.
2 users thanked Andrew James for this post.
dyfed on 31/05/2017(UTC), Guest on 01/06/2017(UTC)
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